Japan economy
Japan’s trade balance swings to deficit as yen inflates imports
The country relies heavily on the Middle East for the bulk of its energy imports
Bank of Japan raises interest rates to 31-year high in widely expected move
The central bank decides to raise its short-term policy rate to 1% from 0.75% by a 7-1 vote
Small Japan firms say high procurement costs biggest hit from Middle East war: survey
Rising fuel and petrochemical prices affect 70 to 80%, supply disruptions for petrochemicals hit over 50%
Japan wholesale inflation accelerates to fastest in three years as energy costs spike
The steady increase in producer prices will likely keep the BOJ under pressure to continue raising rates, analysts say
Bank of Japan to consider pausing bond taper next fiscal year: sources
It is also expected to raise its short-term policy rate to 1% from 0.75% at next week’s meeting
Japan’s budget reform biggest since 1945, finance minister says
The country typically cobbles together extra budgets during the fiscal year to address unanticipated needs
Japan’s growth holds up despite drop in business investment
Overall, the report should keep the Bank of Japan on track to raise interest rates next week
Japan approves 3.1 trillion yen extra Budget to cushion Middle East impact
The Cabinet also clears a financing plan for the package that relies on new debt
Tokyo inflation slowdown unlikely to derail Bank of Japan rate hike
The city CPI is considered a leading indicator for nationwide price trends
Bank of Japan’s rate hike timing secondary to economy’s readiness: ex-BOJ Deputy Governor Wakatabe
[TOKYO] Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withstand tighter monet...
